BigBasket to Raise $200 Million at a Valuation of $3.5 Billion
BigBasket, the Tata Digital-owned grocery firm, will soon raise USD 200 million at a valuation of USD 3 – USD 3.5 million. The financing is...
Tag : Tata Digital
1mg Becomes Unicorn with $40 Millon Funding
After an internal round of funding led by Tata Digital, Gurugram-based healthcare company 1mg has entered the unicorn club. As per the sources, the company...
BigBasket FY22 Revenue Up 17% to Rs 7119 Crore, Loss Widens 4x to Rs 813 Crore
Innovative Retail Concepts Private Limited, which operates in the form of online food and grocery stores, commonly known as Bigbasket, reported revenue of Rs 7,119...
BigBasket Gets Rs 350 Crore from Its Holding Company
The innovative retail concept owned by Tata, which operates the online grocery platform BigBasket, has received a Rs 350 crore infusion from the holding company...
Tata Group to Join UPI Payment Club
The Tata Group seeks clearance from the National Payments Corporation of India (NPCI) to join the Unified Payments Interface (UPI) as a third-party payments service...
Tata Digital Asks Extra Funds From Tata Sons For Digital Expansion
Tata Digital has asked for additional funds from Tata Sons to help in the growth plans of its digital retail initiative as negotiations with global...
Tatas to Raise $2-2.5 Billion For E-Commerce Business
Tata Sons is planning to raise $2-2.5 billion for its e-commerce business, as it is about to launch its super app. Tata Sons Chairman N...
Tata Digital to Invest $75 Million in Curefit
Tata Digital Ltd. will invest $75 million in fitness startup Curefit. Mukesh Bansal, the Co-Founder, and Chief Executive Officer will join Tata Digital as president...
HDFC Picks Up 1.5% Stake in CSC Grameen E-Store
HDFC Bank has bought a 1.5% stake in CSC Grameen e-Store for an undisclosed amount. This comes after Tata Digital had purchased a similar stake...
Tata Digital Invests Rs 10 Cr in Govt’s Grameen e-Store
Tata Digital has reported that it has invested Rs 10 crore in the government’s rural e-commerce venture, Grameen e-Store. The company has purchased an undisclosed stake...